A method for implementing information quality assessment includes receiving a value relating to a predicted outcome of an event from each of an entity and at least one other entity and a reputation score for the entity and the other entity. The method also includes generating a collective prediction value for the event that reflects a collective prediction for the event. The collective prediction value is generated from predicted outcome values from the entity and the other entity. The collective prediction value is calculated as a function of reputation scores corresponding to the entity and the other entity.